Smith (A.O.) Corporation (AOS) Given Coverage Optimism Score of 0.16
Media stories about Smith (A.O.) Corporation (NYSE:AOS) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Smith (A.O.) Corporation earned a news impact score of 0.16 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 46.8200935363734 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s analysis:
- Smith (A.O.) Corporation (AOS) Expected to Post Earnings of $0.56 Per Share (americanbankingnews.com)
- Frost & Sullivan Names Aquasana, Inc. North American Company of the Year for Residential Water Treatment (finance.yahoo.com)
- A. O. Smith Corp. breached its 50 day moving average in a Bearish Manner : AOS-US : November 10, 2017 (finance.yahoo.com)
- ETFs with exposure to A. O. Smith Corp. : November 9, 2017 (finance.yahoo.com)
- Has A O Smith Corporation (AOS) Improved Earnings Growth In Recent Times? (finance.yahoo.com)
A number of brokerages recently commented on AOS. BidaskClub cut Smith (A.O.) Corporation from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. BMO Capital Markets restated a “buy” rating and set a $60.00 target price on shares of Smith (A.O.) Corporation in a report on Friday, July 28th. Boenning Scattergood cut Smith (A.O.) Corporation from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 25th. Robert W. Baird set a $61.00 target price on Smith (A.O.) Corporation and gave the company a “buy” rating in a report on Thursday, August 24th. Finally, Stifel Nicolaus restated a “hold” rating and set a $59.00 target price on shares of Smith (A.O.) Corporation in a report on Thursday, October 12th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Smith (A.O.) Corporation currently has an average rating of “Hold” and an average target price of $62.80.
Shares of Smith (NYSE AOS) opened at $58.56 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.32 and a quick ratio of 1.92. The stock has a market capitalization of $10,087.01, a PE ratio of 28.76, a price-to-earnings-growth ratio of 2.21 and a beta of 1.54. Smith has a 12-month low of $46.44 and a 12-month high of $62.16.
Smith (A.O.) Corporation (NYSE:AOS) last posted its quarterly earnings results on Wednesday, October 25th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The company had revenue of $749.90 million for the quarter, compared to analyst estimates of $741.28 million. Smith (A.O.) Corporation had a return on equity of 22.42% and a net margin of 12.18%. Smith (A.O.) Corporation’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.47 EPS. equities research analysts expect that Smith will post 2.13 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Monday, October 30th. Smith (A.O.) Corporation’s dividend payout ratio is currently 27.45%.
In other news, Director Idelle K. Wolf sold 2,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $60.00, for a total transaction of $120,000.00. Following the sale, the director now owns 52,053 shares of the company’s stock, valued at approximately $3,123,180. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Peter R. Martineau sold 22,267 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $59.33, for a total value of $1,321,101.11. Following the sale, the insider now directly owns 17,528 shares in the company, valued at approximately $1,039,936.24. The disclosure for this sale can be found here. Insiders sold a total of 31,861 shares of company stock worth $1,895,602 in the last ninety days. 1.27% of the stock is owned by corporate insiders.
Smith (A.O.) Corporation Company Profile
A. O. Smith Corporation operates through two segments: North America and Rest of World. The Company’s Rest of World segment primarily consists of China, Europe and India. Both segments manufacture and market comprehensive lines of residential and commercial gas, gas tankless and electric water heaters, as well as water treatment products.
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